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● Digital-first credit card powered by a mobile app to offer seamless smart-banking experience
● To offer lifetime validity and zero joining fee with a 100% digital onboarding process
● Virtual credit card to be delivered in under 3 minutes and metal card to be delivered in 3-5 days
● Cards to be issued by BFSL, managed by OneCard, and powered by VISA
SIA's digital platforms to process cards issued by BNP Paribas
in collaboration with major international commercial partners
Co-branded cards with Accor, a world leader in hospitality,
is the first initiative introduced to the market
47% increase in demand for flexible funding for online businesses
· 365 Business Finance reports 35% rise in average amount advanced for ecommerce customers
Online businesses have been thriving over the last two years, showing no signs of slowing down when it comes to their growth or popularity among UK consumers.
Pomelo Pay's platform allows banks and non-banking financial institutions to adopt the latest payment infrastructure
The partnership will further drive financial inclusion by allowing ImaliPay users to access financial services quicker through Cellulant’s payment rails |
New appointment will help enhance Ecospend’s ability to deliver products that help support vulnerable customers, and promote social inclusion
Ecospend, a leading UK provider of Open Banking APIs, has announced the appointment of Sarah Lambert as Head of Solutions. Sarah will be working with the team to help Ecospend identify and deliver data-based solutions, powered by open banking technology, that meet the needs of more vulnerable customers.
10th Global Islamic Microfinance Forum (GIMF) will convoke in Dubai -United Arab Emirates on 12th-14th December, 2021 under the theme of “Evidence of Impact and Financial Inclusion” to explore and discuss innovative financial inclusion strategies that can create clear pathways to poverty alleviation. This Apex event is organized by AlHuda CIBE and Sponsored by Islamic Corporation for the Development of the Private Sector- ICD.
Finastra has introduced additional Alternative Reference Rates (ARR) and Risk-Free Rates (RFRs) to its Fusion LIBOR Transition Calculator. The move enables banks, corporates and borrowers to calculate ARR in preparation for the end of the majority of LIBOR rates on December 31, 2021.
Latin America's digital-commerce market is expected to grow by a whopping 37 percent by the end of 2021 and expand at a double-digit pace across the region through 2025, with some of LatAm’s current powerhouse countries such as Brazil and Mexico expected to grow steadily at about 30 percent per year, and newly emerging markets including Bolivia, Guatemala, Paraguay and Peru expected to grow even faster, above 40 percent and going as high as 80 percent each year.
















